Stocks Maintain Losing Streak

Tehran Stock Exchange’s main index lost 116.00 points or 0.15% to end Sunday trade at 79,137.5.

More than 565 million shares valued at $39.4 million changed hands for the day.

Ardakan Industrial Ceramics Company incurred the biggest loss among all TSE-listed companies, as it went down 4.94% to 4,595 rials per share.

Iran Tire Company was the biggest riser, going up 11.63% to 4,090 rials per share.

Persian Gulf Petrochemical Company weighed the most on TEDPIX, followed by National Iranian Copper Industries Company and Islamic Republic of Iran Shipping Lines.

Omid Investment Group gave the biggest boost to the benchmark, followed by Asan Pardakht Persian and Sabanour Mining and Industrial Development Company.

The Price Index was down 40.90 points or 0.15% to stand at 27,943.6.

The First Market Index shed 40.90 points or 0.15% to post 55,671.6. The Second Market Index lost by 343.80 points or 0.20% to reach 171,305.2.

The Industry Index went down 117.40 points or 0.18% to register 66,241.5.

The Free Float Index dropped 188.78 points or 0.21% to hit 88,066.30. The TSE 30 Index fell by 5.70 points or 0.18% to finish at 3,212.4 while the TSE 50 Index slipped by 4.10 points or 0.13% to close at 3,114.4.

  IFX Loses 1.64 Points

Iran Fara Bourse’s main index IFX lost 1.64 points or 0.2% to end Sunday trade at 836.91.

Over 152.3 million securities valued at $39.3 million were traded at the over-the-counter exchange for the day.

Esfahan Steel Company saw the highest number of traded shares and trade value, as 21.54 million of its shares valued at $1.6 million changed hands.

Financial Information Processing of Iran, Shomalshargh Shahrood Industrial and Mining Company and Pegah Fars Dairy Company had the highest value increase.

Tadbirgaran Fars Khuzestan Investment Company, Esfahan Steel Company and Parvardeh Tabas Coal Processing Company had the highest decline.

Esfahan Steel Company, Middle East Mines and Mineral Industries Development Holding Company and Zagros Petrochemical Company had the most negative impact on the IFB benchmark.